Interest rates
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 January 2014
The clarrification I needed was that,
Which interest rate do people refer to when they generally talk about an interest rate. Is it the 10yrGSecBond rate or the Bank rate or any other??
Which interest rate do people refer to when they generally talk about an interest rate. Is it the 10yrGSecBond rate or the Bank rate or any other??
Nikhil Kaushik
(Expert)
03 January 2014
it could mean anything...including g-sec rate and bank rates. depends on the context..
03 January 2014
there is no such fixed rate it depends on their individual policy to fix it.
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